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this is an excellent opportunity to acquire a young, highly profitable debt recovery agency that has grown at a rapid rate since its formation in early 2008. Through the expertise and drive of the owners they have managed to secure an excellent database of regular clients who need their services on a continual basis. They have also secured a major contract with a large group of national fitness centers to collect their members lapsed subscriptions. Working with a small team of staff and with low overheads they are currently achieving a circa 83% success rate with an average debt collection of £1,000. The company has the majority of its leads generated by an external marketing company, but as the business becomes more established their high street location is responsible for leads generated by passing traffic that have a need for company or private debt recovery. The owners of the business have reached the point where the business needs further capital investment to grow it to the next level. They are happy to listen to offers for the business or to work with new owners and investors to take advantage of this growth industry. Equipment: the business runs with a basic computer system and terminals with a bespoke software system written specifically for credit control reporting. Customer service: the office opening hours are monday –friday 9.30am – 5.30pm and saturday 9.30am – 12.30 pm. The business offers their clients a “no win – no fee” guarantee with no hidden clauses and a proven track record of circa 83% success. The company works on a 28 day cycle of communication between themselves and the debtor sending letters every seven days followed up by telephone calls. The company works on a successful fee system collecting average debts of circa £1,000 key strengths: this is a small young independent, highly profitable company with low overheads good cash flow and no bad debts. They have achieved an excellent name and reputation for honesty, integrity and reliability with their clients within a short period of time. With this market sector growing quickly the company is perfectly poised to take advantage of the expected growth. The company has over 400 live accounts of which over 50 are regular repeat clients using their services on a weekly basis. Growth and expansion: this is an outstanding and unique opportunity to purchase a fast growing business in a growing market sector with such strong values and commitment to its mission. It is a well structured company generating excellent profit margins with incredible growth potential. With the market place for debt collection expanding at a rapid rate the company could easily double their turnover with investment, by expanding their work force and increasing the size of their offices accordingly. There is little competition within the city and the need for a local debt collection agency grows all of the time including the potential to contact local councils, authorities and industry. The company have recently been given a contract by a local branch of a major chain of gymnasiums to collect their members lapsed subscriptions. There is the possibility that this agreement could lead to all twenty two branches using the company to collect all of their debts bringing a significant increase in turnover and profits into the company.

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